The Crypto Stamp
Innovation is in our nature. We want to support postal organisations in their service- and customer oriented approach. Royal Joh. Enschedé is pleased to introduce the Crypto Stamp. Crypto Stamps are genuine stamps combined with digital collectibles.
The Crypto Stamp is the new way of collecting. The Crypto Stamp consists of a unique stamp, its own digital collecting object and the code to own the digital version. The digital version can be traded and saved in the provided environment. The physical stamp can be used for sending mail.
The digital version is stored within the Ethereum blockchain. This guarantees full traceability. In addition, the use of blockchain technology naturally means that you can continue to trade the Crypto Stamps.
A wallet stores the public and private “keys” or “addresses” which can be used to receive or send. With the private key, it is possible to write in the blockchain, effectively making a transaction.
How does it work?
Each physical stamp is provided with a QR code that takes you to the website of the corresponding digital image. Next to the stamp there is a hidden area with a text of 12 words that unlocks access to the digital stamp and can transfer it to another owner. In terms of technology, the digital Crypto Stamps are ERC721 tokens supported by multiple blockchain applications.
If you scan the QR code next to the stamp you can find the digital twins, i.e. the image of the Crypto-Stamp which also exists in the analogue world. By issuing multiple versions of the Crypto-Stamp you offer the collector the possibility to build up a collection.
A “Collection” is a virtual stamp album. Scan the QR-code to add the Crypto Stamp to the collection. When a digital Crypto Stamp is bought or exchanged for a token, the Crypto Stamp is directly transferred to the relevant collection. Other ways stamps end up in your collection are blockchain tools or trading with other collectors. From here they can be transferred to other collections and/or owners.
The collection is marked as being owned by the owner of the Crypto Stamps that are in it, but also has an owner that corresponds to the stamp collector. Because of this it is possible that the entire collection is transferred or sold to another owner.